41.07 acres of Prime Land, Vermillion, SD

Land Location: Public auction to be held on site. From the intersection of Interstate 29 & Highway 50: 5 ¾ miles west on Highway 50. South on North Crawford Road to first driveway on east side of road.

Legal Description:  E ¾ of the NW ¼ of the SW ½, Except lots H3 and H4 and Except Lot A, Section 17, township 92, range 51, West of the 5th P.M., Clay County, South Dakota.

Description: Location and potential!!! You can’t get any closer to the city of Vermillion and still call it farmland!! No current lease contract, so buyer can farm it for the 2014 crop season. This tract has abundant opportunities whether it be rent, farm, or develop. Located next to the expanding city of Vermillion, this tract has loads of development potential.

This 41.07 acre tract is highly productive with a Surety Agridata CSR of 81.1. The major soil type includes Trent-Tetonka-Wakonda at approximately 86 percent. The remainder of the tract consists of Wakonda-Tetonka silt loams. This tract has a 13.1 acre Corn Base with an 83 bushel Direct Yield and a CC yield of 122 bushels. It also has 12.1 acre Soybean Base with a 27 bushel Direct Yield and a CC yield of 32 bushels.

Whether you’re looking to buy or sell property of any type put the team of Herrity and Associates Inc. and Brock Auction Company Inc. to work for you. We would be glad to sit down with you for a confidential, no obligation consultation. With a large network of business professionals, we can work to find what you are looking for! If you would like more information on this property or any of our other listings, feel free to contact us and we will be glad to help you.

Terms: The purchaser(s) will be expected to pay 10% of the purchase price on the date of sale & sign a purchase agreement agreeing to pay the balance on or before May 5, 2014. The property is being sold without buyers contingencies of any kind. Buyer must secure financial arrangements prior to bidding. Ownership possession will be given upon final settlement. The land can be farmed for the 2014 crop year. Seller will pay 2013 taxes and buyer pays 2014 taxes. Title insurance will be provided. The cost of title insurance and closing agent fees will be split equally between the buyer and seller. Descriptions and information are from sources deemed reliable; however, neither the sellers nor the Auctioneer/Broker are making and guarantees or warranties, actual or implied. Property is sold “as-is.” Buyer should inspect to the extent deemed necessary and rely on your own judgment when bidding. The Auctioneer/Broker is representing the seller’s interest in the transaction. The sale is subject to only to the owner’s approval. All announcements made the day of the sale shall supersede any previously written or oral statements.